Industrial and Commercial Bank of China

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Industrial and Commercial Bank of China Ltd. (ICBC) ([中国工商银行] Error: {{Lang}}: unrecognized language tag: zh-s (help); 中國工商銀行; Zhōngguó Gōngshāng Yínháng, more commonly just 工行 Gōngháng) is the largest bank in the world by profit and market capitalization.[1] It is one of China's 'Big Four' state-owned commercial banks. The other three banks are Bank of China, Agricultural Bank of China, and China Construction Bank. It was founded on January 1, 1984. At first it was a private company. It had assets of RMB 12.55 trillion (US$1.9 trillion). It also had over 18,000 outlets including 106 overseas branches and agents globally.[2] In 2013, it was ranked number 1[3] on Forbes Global 2000 list of world's biggest public companies.[4]

References[change | change source]

  1. "ICBC tops Citigroup as world's biggest bank". China Daily. Reuters. 24 July 2007.
  2. China's biggest bank goes to market, Financial Times
  3. "ICBC". Forbes. Retrieved April 19, 2013.
  4. "The World's Biggest Public Companies". Forbes. Retrieved June 6, 2011.

Other websites[change | change source]